Last night; one ex-vendor and ex-colleague jio Uncle8888 for dinner at the famous Clementi Satay. Of course; when they have dinner with Uncle8888; one of the thing to talk about will be on investing.
This ex-vendor is amazed at Uncle8888’s decades of holding multi-bagger stocks and seriously he wanted to learn from him on how to hold multi-bagger stocks over the next market cycles.
His biggest regret of unable to hold winning stocks and this he must learn from Uncle8888 for the next bear market.
Uncle8888 bought DBS at $7.53; but he bought DBS at lower than Uncle8888 at $6+.
The biggest regret is that he sold DBS far too early; otherwise he will be one telling better story of high yield of 9% multi-bagger blue chip – DBS.
The Moral of the Story
It is easy to hold losing stocks forever; but to hold winning stocks over …